Tag: McLean

Hilton Expands All-Inclusive and Luxury Beachfront Resort Portfolio in Mexico

July 15, 2021 / WIL BALDWIN

McLean, Virginia – Leading global hospitality company, Hilton (NYSE: HLT), announced today the signing of three managed resorts in Mexico, furthering the company’s all-inclusive and luxury expansion plans: Hilton Vallarta Riviera All-Inclusive Resort, Hilton Tulum All-Inclusive Resort and the luxurious Conrad Tulum. The newest additions to the company’s portfolio showcase Hilton’s deep-rooted commitment to growing its unrivaled offerings in Mexico, where Hilton has more than 70 hotels open and more than 30 in the development pipeline.

“Mexico has always been an incredibly important destination for Hilton. These new additions are one more symbol that tourism in Mexico is rebounding and it is with great pride that we continue evolving our offerings in this burgeoning market, especially in the luxury and all-inclusive segments,” said Danny Hughes, Executive Vice President and President, Americas, Hilton. “We are extremely proud of our new products, ongoing partnership with Parks Holdings and the resilient Team Members who are working to bring the warmth of hospitality to the new resorts entering our portfolio.”

A development by Parks Hospitality and owned by Fibra UNO, Hilton Vallarta Riviera All-Inclusive Resort is expected to convert in Q4 2021. Situated between the beaches of the Bay of Banderas and the majestic Sierra Madres Mountain, the 444-room AAA Four Diamond award-winning resort features a picturesque private beach, two glistening pools, full-service spa, fitness center, six craft cocktail bars, and seven specialty restaurants offering a variety of cuisine including Asian, Italian and Mexican flavors, as well as seafood and tapas options. Catering to the evolving needs of today’s business traveler, the resort offers nearly 26,000 square feet divided with 13,000 square feet of outdoor event space and 13,000 square feet of flexible indoor meeting space.

Owned and developed by Parks Hospitality, Conrad Tulum and Hilton Tulum All-Inclusive Resort are anticipated to join the Hilton portfolio in Q4 2021 and Q1 2022 respectively. The distinctly unique hotels will each provide guests with a brand-exclusive experience featuring world-class dining and extensive recreation options, while offering visitors access to shared amenities including a meetings and events complex and a state-of-art spa.

“We are honored and excited to be extending our successful partnership with Hilton with these iconic resorts and bringing new unprecedented luxury options to Tulum. We believe Mexico’s unique combination of people, culture, gastronomy, and natural beauties, make it the best global destination for tourism and we look forward to our continued future growth with Hilton. I would like to thank all of Parks, FUNO and Hilton’s team for all their hard work in bringing these amazing projects to reality,” said Charles Elmann Fasja, CEO Parks Holdings.

Nestled among verdant tropical vegetation, overlooking the Caribbean Sea’s turquoise waters, and situated on an expansive stretch of beach, the new-build 349-room luxurious Conrad Tulum will be Conrad Hotels & Resorts’ first hotel in Quintana Roo on the eastern coast of the Yucatan Peninsula. Located near one of the best-preserved Mayan sites in Mexico, the property will provide a secluded haven for travelers featuring a bold design aesthetic inspired by Tulum’s lush landscape, picturesque beaches, and surrounding nature reserves. In addition to elegantly appointed rooms, the new hotel’s selection of accommodations will feature contemporary and sophisticated master suites, governor suites and presidential suites. Guests can choose from seven world-class restaurants and bars featuring an array of cuisine options from Mediterranean and Asian to a special Chef Table’s dining experience and relax and unwind in five pools. Like other properties in the Conrad Hotels & Resorts portfolio, Conrad Tulum will draw on the destination’s local influence and offer a distinct experience for travelers. Travelers will enjoy an enriching escape with effortless and passionately delivered service as they explore and immerse themselves in Tulum’s culture and community.

The 735-room oceanfront Hilton Tulum All-Inclusive Resort will introduce travelers to an upscale and elevated all-inclusive experience in this sought-after destination. Set to boast unrestricted views of the picturesque waters of the Caribbean Sea, the resort will offer seven dining experiences featuring international cuisine, an expansive multiple pool complex with a waterpark, and a secluded beach.

In addition to the variety of dining and recreation options at the luxurious Conrad Tulum or Hilton Tulum All-Inclusive Resort, all guests at either hotel will have access to a 21,500-plus square foot spa, with 16 treatment rooms and a pool, in a private and quiet area surrounded by tropical resort grounds. Guests visiting for meetings or events will have access to a 55,000 square foot convention center and an auditorium that seats up to 400 people.

Hilton Reports Fourth Quarter and Full Year Results

February 17, 2021 / WIL BALDWIN

MCLEAN, Virginia – Hilton Worldwide Holdings Inc. (“Hilton” or the “Company”) (NYSE: HLT) today reported its fourth quarter and full year 2020 results. The following results reflect the material impact that the novel coronavirus (“COVID-19”) pandemic has had on Hilton’s business. Highlights include:

Diluted EPS was $(0.80) for the fourth quarter and $(2.56) for the full year, and diluted EPS, adjusted for special items, was $(0.10) for the fourth quarter and $0.10 for the full year
Net loss was $225 million for the fourth quarter and $720 million for the full year
Adjusted EBITDA was $204 million for the fourth quarter and $842 million for the full year
System-wide comparable RevPAR decreased 59.2 percent and 56.7 percent on a currency neutral basis for the fourth quarter and full year, respectively, from the same periods in 2019
Approved 18,700 new rooms for development during the fourth quarter, bringing Hilton’s development pipeline to 397,000 rooms as of December 31, 2020
Opened 22,900 rooms in the fourth quarter, reaching the one million room milestone and contributing to 47,400 net additional rooms in Hilton’s system for the full year, which represented approximately 5.1 percent net unit growth from December 31, 2019
As of February 10, 2021, 97 percent of Hilton’s system-wide hotels were open
In December 2020, issued $1.9 billion of senior notes consisting of: (i) $800 million aggregate principal amount of 3.750% Senior Notes due 2029 and (ii) $1.1 billion aggregate principal amount of 4.000% Senior Notes due 2031; and used the net proceeds to redeem: (i) $1.0 billion in aggregate principal amount of outstanding 4.250% Senior Notes due 2024 and (ii) $900 million in aggregate principal amount of outstanding 4.625% Senior Notes due 2025
In January 2021, repaid $250 million of the outstanding debt balance under the $1.75 billion senior secured revolving credit facility
In February 2021, issued $1.5 billion aggregate principal amount of 3.625% Senior Notes due 2032 and used the net proceeds to redeem $1.5 billion in aggregate principal amount of outstanding 5.125% Senior Notes due 2026

Click the link below to view the full press release!

https://newsroom.hilton.com/assets/HWW/docs/2021/Q1/2020-Q4-Earnings-Release-FINAL.pdf

Hilton Introduces Trio of New Hotel Brands to Spain’s Capital

October 27, 2019 / WIL BALDWIN

The trio includes:

Canopy by Hilton Madrid Castellana, first for Spain;
El Metropol Madrid, Curio Collection by Hilton, first for Madrid;
Atocha Hotel Madrid, Tapestry Collection by Hilton, first for Spain and first outside Americas

MADRID and MCLEAN, Va. – Hilton (NYSE: HLT) today announced the signing of three hotel franchise agreements with strategic investor partners, bringing three new brands to Madrid, of which two mark brand entries to the country. The addition of Canopy by Hilton Madrid Castellana; El Metropol Madrid, Curio Collection by Hilton; and Atocha Hotel Madrid, Tapestry Collection by Hilton represents a significant milestone for the global hospitality company, illustrating Hilton’s continued investment in Madrid as a premier tourist destination and its ambitions to further expand across Spain.

Patrick Fitzgibbon, senior vice president, development, EMEA, Hilton, said: “Spain has seen a surge in popularity, and Madrid is a particularly strong tourist market that has so much to offer. In 2018 the city welcomed a record-breaking 10 million visitors, making Madrid one of Europe’s most dynamic destinations for both business and leisure travellers. Responding to the increasing demand for great hotels combined with opportunities from world-class infrastructure investment and regeneration programmes, Hilton has expanded its portfolio to bring some of our most popular brands to Spain. Our new Madrid hotels will offer fantastic guest experiences and enrich communities.”

Canopy by Hilton Madrid Castellana

In partnership with Hotel Investment Partners (HIP), Hilton introduces its upper-upscale lifestyle brand, Canopy by Hilton, to Spain. HIP, Blackstone’s hotel investment platform, own the property and intend to invest €34 million in the hotel’s transformation, which will offer 311 guest rooms and multiple dining outlets, including a terrace restaurant overlooking Carlos Trias Bertran Square and a signature lobby café, Canopy Central. Expected to open in 2021, Canopy by Hilton Madrid Castellana is a perfect venue for guests looking to explore the capital. Situated close to the Paseo de la Castellana, one of the longest and widest avenues of Madrid, the hotel is near vibrant neighbourhood bars and restaurants, commercial buildings and international company headquarters, as well as Madrid’s world-famous Santiago Bernabéu Stadium, home of Real Madrid Football Club.

El Metropol Madrid, Curio Collection by Hilton

Joining a global portfolio of more than 70 one-of-a-kind hotels and resorts and located at the corner of Calle de la Montera and Gran Via, El Metropol Madrid, Curio Collection by Hilton is in the heart of Madrid’s historical town centre and close to the lively Puerta del Sol neighbourhood. With many rooms facing Gran Via, one of the city’s bustling streets with theatres, cinemas, shopping, restaurants and bars, guests can enjoy a stunning view of Madrid city life. Guests at the 93-room upper-upscale hotel will enjoy a range of facilities and amenities, including a rooftop bar with unbeatable city views. Its central location means many tourist attractions are within walking distance with easy access to Madrid’s metro network and connections to its business district. In partnership with owning company Montera 47, El Metropol Madrid is slated to make its debut in January 2021, joining existing Curio Collection hotels in Barcelona, Alicante, Malaga and Ibiza.

Atocha Hotel Madrid, Tapestry Collection by Hilton

Atocha Hotel Madrid, Tapestry Collection by Hilton joins a portfolio of hotels that offer guests unique style and an authentic connection to their destination. Brought to market by hotel operator Panoram Hotel Management, the 46-room hotel on Calle Atocha is just metres from Madrid Atocha railway station, the busiest in Spain, and is within walking distance of popular tourist attractions, including the Museo Reina Sofia, Prado Museum and the El Reitro Park. The first Tapestry Collection hotel to open in Spain and the brand’s first outside the Americas, Atocha Hotel Madrid will introduce the Tapestry Collection experience to Madrid locals and visitors alike. Amongst the amenities available, guests can select to stay in one of four Five Feet to Fitness rooms, a revolutionary in-room wellness concept created by Hilton allowing guests to work out in their guest room, with more than 11 pieces of fitness equipment and accessory options to choose from. The hotel is anticipated to open in the first quarter of 2020.

Hilton opened its first hotel in Madrid in 1953 and has since continued its commitment to investing in the city and supporting its growth as a leading tourist destination. Other Madrid properties include Hilton Madrid Airport (284 rooms), DoubleTree by Hilton Madrid Prado (61 rooms) and the 138-room Hampton by Hilton Madrid Alcobendas, located on Avenida de Fernando Alonso, which is set to open in January 2020.

Expansion on the Iberian Peninsula is a strategic focus for Hilton, and the company is growing faster in the region than ever before. It has signed a new Franchise or Management Agreement for a hotel in Spain every two months for the past two years, which represents more than 1,800 new keys. Hilton’s current Spanish portfolio of 12 hotels and resorts offers more than 2,000 hotel guest rooms and suites.

Hampton Celebrates Rapid Global Expansion to 2,500 Hotels

August 11, 2019 / WIL BALDWIN

Brand remains category leader after 35 years as it enters new markets and achieves largest pipeline in brand history

MCLEAN, Va. – This month, Hampton by Hilton continues to lead the upper-midscale category worldwide as the brand celebrates its 2,500^th open hotel with Hampton by Hilton Lima San Isidro in Peru. The milestone opening demonstrates Hampton’s successful global growth strategy over the past 35 years – high-quality and thoughtfully designed accommodations, award-winning customer service culture and value-added amenities – all backed by the industry-leading 100 percent Hampton Guarantee^™. Hilton’s largest brand now offers nearly 260,000 rooms worldwide across 27 countries and territories.

And, with more than 700 properties and more than 93,000 rooms in its pipeline – the largest ever in brand history and within the Hilton enterprise – Hampton is helping propel Hilton’s growth during its dynamic 100^th anniversary year.

“Hampton by Hilton’s enduring global success as a guest favorite is a testament to the brand’s pioneering nature, high guest service standards and robust expansion efforts,” said Shruti Gandhi Buckley, global head, Hampton by Hilton. “The opening of Hampton’s 2,500^th property demonstrates the brand’s winning growth strategy, based on three core pillars: commitment to delivering unparalleled customer service, category leading product and amenity innovation and Hilton’s ongoing investment in the brand.”

A key to Hampton by Hilton’s global success is the brand’s regionalization of hotel prototypes and room designs to meet the diverse needs of its customers. Though each property is unique based on local market-based variations, each stay comes with consistent friendly and thoughtful service, complimentary hot breakfast, free WiFi and a passionate commitment to guest satisfaction backed by the 100 percent Hampton Guarantee, making the brand a favorite for travelers worldwide.

Hampton by Hilton celebrates its 2,500th open property with the brand’s first hotel in Peru, Hampton by Hilton Lima San Isidro